Drury University

Analysis

Drury University is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in December 1934, 92 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Drury University reported income of $114.8m and spending of $86.0m, leaving 25% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $80.8m to $114.8m (+42%), an average of +9.2% a year. The sharpest change came in the year to May 2023, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Drury University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Practising Law Institute ($114.8m), Showa Womens University Inc ($114.8m) and Florida Charter Educational Foundation Inc ($114.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 16% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $1.8m (2.1% of expenses). Other salaries and wages came to $24.3m. At year end it held assets of $195.7m against liabilities of $54.6m, net assets of $141.1m. It reported 1,250 employees.